FX prime brokerage enters new era

30.01.2016

2015 has brought a significant rise in FX commissions, and there is still more to come. In their discussion with Euromoney, Patrick O'Brien, communications director at EXANTE Ltd., and Peter Plester, Head of FX Prime Broker Services at Saxo Bank, explain why the rise of commissions is a positive movement.

Patrick O’Brien says: "Most of the quality and trusted brokerages like EXANTE have made significant investments in real-time risk visibility systems, so that if there is another SNB type incident they can react." Plester agrees, saying: "Risk management is the biggest theme in prime brokerage at the moment." So these investments build up one of the segments that are later reflected in the increased customer commissions.